Subject: David Hale Podcast and Bulletin (March 20th, 2013): How to Rescue Cyprus
From: "David Hale" <[email-masked]>
To: "R. Hunter Biden" <[email-masked]>
Date: Wed, 20 Mar 2013 14:18:32 -0700 (PDT)

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To download [Cyprus Crisis Podcast], click on the following link:
http://ci26.actonsoftware.com/acton/ct/3037/s-005b-1303/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct4_2/1

To download [How to Rescue Cyprus], click on the following link:
http://ci26.actonsoftware.com/acton/ct/3037/s-005b-1303/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct5_2/1

Dear R. Hunter,

Following the Cypriot government's rejection of the revised bailout 
terms, Cyprus' membership in the eurozone has now been thrown into 
doubt. I have recorded a podcast which analyzes the potential paths that 
Cyprus and the eurozone could pursue from here and what each path would 
mean for both Cyprus and the eurozone going forward. The podcast's key 
conclusions include:

If Cyprus cannot reach a deal with either the Europeans or Russians, it 
will default on a bond payment in early June

Cyprus' unique characteristics make extrapolation of this situation to 
other eurozone countries problematic

Russia is the true wildcard in this current crisis

You can access the podcast by clicking on the attached audio file above.

Additionally, I have written a bulletin, "How to Rescue Cyprus," which 
discusses the situation in Cyprus in further detail.  It is also 
attached above

  As always, we welcome any comments or feedback.

With all best wishes,

David Hale 

Chairman

David Hale Global Economics, Inc.

546 Lincoln Avenue, 2 nd  Floor

Winnetka, Illinois 60093 USA

847-386-6009 (tel)

847-386-6011 (fax)

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